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“can be risky (see OP)” is vastly downplaying 1 in 10 odds of nominal success. Simply not failing doesn’t mean the bet paid off.



> “can be risky (see OP)” is vastly downplaying 1 in 10 odds of nominal success. Simply not failing doesn’t mean the bet paid off.

We know this, yadda yadda "survivorship bias." It's just boring to have the same people making the same points about every startup that made it. It's like the old "correlation does not equal causation" trope you see repeated over and over again when someone links any dataset. We get it.

Again, my point is that this is not insightful -- and you've yet to demonstrate otherwise.


I am not suggesting it’s insightful, just the counter argument you’re posts are largely ignoring. If your looking for everyone that made more than 10+ million in the last 40 being a founder isn’t a great route. Even if your benchmark is 100 million it’s not good overall odds.

It’s only when your benchmark is becoming a billionaire that it starts to look like the best option.




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